Saturday, October 23, 2010

The Mortgage Securitization and Foreclosure Fraud Crisis

If you haven't been paying attention lately or merely indulging your Republican/Teabagger lust for ignorance Gretchen Morgenson has an excellent primer on what is involved and how it may be cured.

If you need more detail, Joe Nocera looks at why the largest US bank should not be feeling all that comfortable at this time.

And if you are like me and know it all, you can pass judgement on this solution from William K Black and L. Randall Wray.

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